Enemona bought the building of Bulgarian Telecommunications Company (BTC) in Sofia's Slatina district for EUR 2.75 million, the construction company said.

The purchase was financed with a loan from UniCredit Bulbank. The loan will be repaid with the rent BTC will pay for using premises with a total floorage of 976 sq. m.

The remaining space in the building will be occupied by Enemona's headquarters and Sofia offices.

The relocation will allow the company to save BGN 380,000 a year. Some of the rooms will be rented out but the possible return has not been calculated yet, Enemona said.

In early February Ireland's West Incorporate bought BTC's Telephone Palace in Sofia for EUR 22.5 million. BTC has also sold buildings in Veliko Tarnovo and Plovdiv.